Your defined milestones:
At any point in time, you may set or reset your current net worth, or the rate at which you expect it to grow. Do not include equity in your home unless you plan to sell it before retirement.
You must have at least one non-zero entry for net worth in your milestone list.Net Worth: $
A one-time event is a lump sum addition or subtraction from your net worth, such as an inheritance (addition) or home purchase (subtraction).Lump sum: $ enter minus sign for negative amount
Your monthly savings is how much you are putting away each month. You can also enter a rate at which you intend to increase your monthly savings. This is not your ROI for savings, but rather the rate at which you intend to increase your contributions.
These monthly savings will be assumed to stop as of the first retirement date in your household.Monthly savings: $
These are your predictions for cost of living during retirement. These should be in "today's dollars" as of the milestone date, and will be adjusted for inflation to reflect actual costs in retirement.Notes:
|Fixed Mortgage payment:|
These are your predictions for income during retirement. These are in "today's dollars" as of the milestone date, and will adjusted for inflation using the rates you specify.Notes: